earnings
confidence high
sentiment negative
materiality 0.50
Maui Land & Pineapple posts $3.7M H1 net loss; land sales pipeline $20M+
MAUI LAND & PINEAPPLE CO INC
- Net loss of $3.7M for H1 2026, improved $5.9M YoY on absence of pension charges.
- Recurring revenue from commercial real estate and land leasing ~$6.6M; commercial portfolio 93% occupied.
- Land development: $20M+ contracted sales, $12M new listings; two $10M escrow deals expected to close 2027.
- Agave venture: $0.8M invested in H1, total $2.5M, farm expanded to 80 acres.
- MOU with County of Maui for potential sale of water assets; new CIO Ryan Panopio appointed.